18.06.13

FX Markets Focus on UK CPI Data & Fed Statement

Sterling drops against majors ahead of key CPI data
Dollar focus remains as markets eye Fed signals due Wednesday
G8 Meetings continue in Northern Ireland
RBA saw potential for lower Aussie $ as rate-cut scope remains

Categories: Market Commentary.

13.06.13

Greenback Sold off Against Majors Ahead of Key US Data

Sterling touches four month high versus dollar
World bank lowers global forecast to send yen higher as stocks plunge
Dollar slides against majors
RBNZ holds interest rates at 2.5% as intervention talk weakens kiwi dollar

Categories: Market Commentary.

11.06.13

Aussie Dollar Falls to Lowest Level Since Sept 2010

Aussie dollar heavily sold off against majors
Euro buying may be limited ahead of German court hearing
US outlook revised to stable by S + P
Yen rebounds after BOJ keeps policy unchanged
Sterling trades sideways against majors ahead of Manufacturing data

Categories: Market Commentary.

07.06.13

Non-farm set to move the market.

• Cable set for biggest weekly gain in 3yrs ahead of US data.

• Euro/dollar surges ahead but GBP/EUR won’t budge.

• Fed is seen reducing QE by small amount in survey ahead of Nonfarm.

• Aussie set for biggest 5-day drop vs Yen since’11.

Categories: Market Commentary.

04.06.13

UK Construction PMI set to support Sterling.

• Pick-up in UK manufacturing lifts pound to two-week high

• Euro weakens ahead of negative fundamental data

• Dollar/yen below 100 as data dims view Fed to cut buying

• CAD gains most in a year as US manufacturing slows

Categories: Market Commentary.

31.05.13

Pound halts ahead of Bank of England data.

• GBP faces a slew of economic data releases from the BoE
• Euro zone fundamental data fails to provide EUR with a boost
• Dollar poised for weekly decline before spending data
• Aussie dollar set for biggest loss since 2011 on economy concern

Categories: Market Commentary.

29.05.13

Sterling drops to 11-week low vs dollar before CBI sales data

Sterling falls by 2.8% this year, market calls for positive data.
German fundamental data is set to boost euro.
Dollar rises ahead of better than expected GDP figure.
Aussie dollar declines to the weakest level since Oct. 2011.

Categories: Market Commentary.

28.05.13

Dollar Strength Seen Ahead of Consumer Confidence Data

Greenback strenthens ahead of key US consumer confidence data
Sterling reverses losses vs euro on speculation UK economy is recovering
Yen rallies for 3rd day, worry BoJ is struggling to control jump in bond yields
South African Rand falls to lowest level vs Sterling since March 2009

Categories: Market Commentary.

24.05.13

Sterling Remains Under Pressure

Euro hits 1 month high versus sterling
Dollar eyes key durable goods data
Aussie & Kiwi dollars fall ahead of key US data
US & UK markets will be closed on 27th for Spring Bank Holiday

Categories: Market Commentary.

22.05.13

BoE Minutes to dominate UK easing picture.

Sterling falls to 7-week low vs dollar as inflation slows
Euro eases as Greece predicted to be out of trouble next year
Dollar maintains declines vs euro before Bernanke Testimony
Canadian dollar slides to 2-month low on bets Fed to trim easing

Categories: Market Commentary.